Lenin on the Fake Lefties that pose as Marxists in Europe today

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Leninists have nothing against capital. Leninists love capital. They want to use it in a rational manner. Captialism used capital in an entirely chaotic and irrational manner. Georgism certainly does have merits, but I'm afraid in any bourgeois society the landowners and landlords will always have enough power to prevent Georgist reforms from happening.
What about Keynes?
 

Tadhg Gaelach

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What about Keynes?

Like George, Keynes sought to ameliorate the chaos of Capitalism. He understood that the rentier classes are an obstacle to the efficient functioning of capital and wrote that he looked forward to the euthanasia of this class. He didn't mean gulags, of course, but he hoped that the Capitalist system itself would put them out of business. Tragically, the opposite has happened. Landlord parasites have multiplied exponentially since the 1940s - particularly since the 1980s. The one Keynesian insight that is still very much in vogue is the use of central banks to control Capitalism's boom bust cycle. It's likely that the Capitalist system would have collapsed entirely in 2008, if the central banks hadn't been able to step in and put a floor under the market with their massive buying power. Of course, this has now resulted in a situation where, for example, the Japanese central bank owns 70% of the stock market in Japan. That's reaching Soviet levels.
 
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